Best Cheap Health Insurance in Tennessee 2019

Find the Cheapest Health Insurance Quotes in Your Area

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Tennessee residents can find affordable health insurance on the state health insurance marketplace. We analyzed all health insurance plans in Tennessee and found that in the majority of the state, the Silver S04S Network S or Cigna Connect 4750 were the cheapest Silver health insurance policies on the exchange. The best plan for you depends on both your coverage needs and where you live, as plans and rates change by county. For example, the Cigna Connect 4750 was the most affordable option in the 22 counties in which it's available, but the Silver S04S is available in the most areas in Tennessee.

Cheapest Health Insurance by Metal Tier

To help you find the best policy that fits your needs, we compared Tennessee health insurance plans by metal tier and found the cheapest plans in the state for each level of coverage. These policies are not available in every county, but can provide a good starting point in comparing the monthly premium and out-of-pocket expenses you can expect for each metal tier.

For example, the cheapest bronze policy, Simple Bronze, has a minimum monthly premium of $351 for a 40-year-old in Tennessee, but it has a $2,600 higher deductible than the Cigna Connect 4750, the cheapest Silver policy. However, you would need to pay $173 more per month for the Cigna Connect 4750.

Metal TierCheapest PlanDeductibleOut of Pocket MaximumMonthly Cost for a 40-Year-Old
CatastrophicSimple Secure$7,350$7,350$354.22
BronzeSimple Bronze$7,350$7,350$351.27
SilverCigna Connect 4750$4,750$7,350$524.40
GoldClassic Gold$1,500$7,350$824.44

Two important elements that affect your monthly premium are age and metal tier. As you grow older, your insurance premium across all metal tiers will increase. As you can see below, on average, a 40-year-old in Tennessee would pay $91 more per month than a 21-year-old for a Bronze plan. The monthly premium similarly increases for higher metal tiers. For instance, a Gold plan would have a monthly premium that is 34% higher on average than a Silver plan regardless of age.

Average Monthly Cost of Health Insurance Plans by Metal Tier in Tennessee

Finding the Best Health Insurance Coverage in Tennessee

The best cheap health insurance plan in Tennessee changes depending on where you live, because the availability and monthly premium of a policy can change from county to county. For example, the Cigna Connect 4750 is only available in 22 counties, and it ranges in price from $524 per month to $601 per month for a 40-year-old. However, regardless of where you live, you will be able to choose from different metal tiers of coverage at a variety of rates.

When choosing a policy, higher metal tier health plans, like Gold plans, may come at higher monthly premiums, but they provide better coverage, which means lower out-of-pocket costs. So, if you have or expect to have high medical costs in the coming year, you may wish to choose a higher metal tier, because the lower deductibles, copays and coinsurance would offset the costs of the more expensive premium. On the other hand, if you have no expected medical costs and are comfortable with covering a high portion of unexpected medical costs, then you may wish to purchase a lower metal tier plan to take advantage of the cheaper rates.

Gold Plans: Best for High Expected Medical Costs

Despite a higher monthly premium than Silver or Bronze plans, Gold plans provide the lowest out-of-pocket costs like deductibles, copays or coinsurance. Therefore, Gold plans will typically offer you the lowest net expenses if you use or expect to use your health insurance often. Ultimately, these health plans are often best if you have high expected medical costs, such as needing consistent medical attention due to chronic conditions, or if you are concerned about being able to pay out of pocket for an unexpected condition.

Silver Plans: Best for those with Low Income or Average Medical Costs

Silver plans offer a middle ground between between the expensive monthly premiums of a Gold plan, and the higher deductibles, copays and coinsurance elements of Bronze and Catastrophic plans. The Cigna Connect 4750 Silver plan, for instance, has a monthly premium of $601 with a $4,750 deductible for a 40-year-old in Shelby County. The Cigna Connect 1200 Gold plan has a much lower deductible of $1,200, but it has a higher monthly rate of $989.

If you are part of a lower-income household, Silver plans may also be the best choice for you, as you may qualify for cost-sharing reduction (CSR) subsidies. These CSR subsidies would further lower your out-of-pocket expenses. Typical Silver plans cover about 70% of your health care costs while you pay 30%. But under CSR subsidies, you could qualify for a Silver plan that covers up to 94% of your health care costs.

Bronze and Catastrophic Plans: Best for Young, Healthy People

Although Bronze plans are available to everyone, Catastrophic plans require the policyholder to be under age 30 or qualify for an exemption. These plans are the lowest tiers available on the state exchange, which means they offer the cheapest monthly premiums at the expense of high out-of-pocket costs if you were to use your health insurance. We wouldn't recommend these health plans unless you can afford the higher cost sharing in the case of a medical emergency.

Short-Term Health Insurance in Tennessee

Tennessee residents can purchase short-term health insurance through providers outside of the exchange at any time during the year. For this reason, a short-term plan can be a good option if you need quick, temporary coverage or miss open enrollment. Most short-term health plans do not cover all the essential benefits—such as maternity care, mental health services and prescription drugs—which should be considered when selecting a plan that fits your health needs.

Tennessee follows federal guidelines when it comes to regulating short-term health insurance. Initial coverage terms are limited to one year and can be renewed for up to 36 months.

Find the Cheapest Health Insurance Quotes in Your Area

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Best Cheap Health Insurance Companies in Tennessee

There are three health insurance companies on the Tennessee state exchange: BlueCross BlueShield of Tennessee, Cigna Health and Life Insurance Company and Oscar Insurance Company.

Although BlueCross BlueShield of Tennessee is available in most of the state, none of these insurers are available in every county. However, Cigna Health and Life Insurance Co. typically offers the lowest rates for a Silver plan if it is available in your county. For example, both Cigna and Oscar Insurance Co. provide policies in Davidson County, but Cigna provides cheapest premiums across age groups.

Cheapest Health Insurance Plan By County

Finding the best health plan for you can be difficult, as the set of insurance plans change depending on where you live in Tennessee. To help your search, we identified the most affordable Silver health insurance policies available on the state exchange by county. Whether you are looking for a health insurance plan for you or to cover your whole family, you can use the table below to see the lowest monthly cost for a Silver plan in your region.

CountyCheapest Silver PlanSingle Adult, Age 40Couple, Age 40Couple, Age 40 plus Child
AndersonSilver S04S, Network S$626$1,251$1,626
BedfordSilver S04S, Network S$669$1,337$1,737
BentonSilver S04S, Network S$660$1,319$1,714
BledsoeSilver S04S, Network S$622$1,245$1,618
BlountSilver S04S, Network S$626$1,251$1,626
BradleySilver S04S, Network S$622$1,245$1,618
CampbellSilver S04S, Network S$626$1,251$1,626
CannonSilver S04S, Network S$589$1,179$1,532
CarrollSilver S04S, Network S$660$1,319$1,714
CarterCigna Connect 4750$524$1,049$1,363
CheathamCigna Connect 4750$550$1,101$1,430
ChesterSilver S04S, Network S$660$1,319$1,714
ClaiborneSilver S04S, Network S$626$1,251$1,626
ClaySilver S04S, Network S$589$1,179$1,532
CockeSilver S04S, Network S$626$1,251$1,626
CoffeeSilver S04S, Network S$669$1,337$1,737
CrockettSilver S04S, Network S$660$1,319$1,714
CumberlandSilver S04S, Network S$589$1,179$1,532
DavidsonCigna Connect 4750$550$1,101$1,430
DecaturSilver S04S, Network S$660$1,319$1,714
DekalbSilver S04S, Network S$589$1,179$1,532
DicksonSilver S04S, Network S$669$1,337$1,737
DyerSilver S04S, Network S$660$1,319$1,714
FayetteCigna Connect 4750$601$1,202$1,562
FentressSilver S04S, Network S$589$1,179$1,532
FranklinSilver S04S, Network S$622$1,245$1,618
GibsonSilver S04S, Network S$660$1,319$1,714
GilesSilver S04S, Network S$669$1,337$1,737
GraingerSilver S04S, Network S$626$1,251$1,626
GreeneCigna Connect 4750$524$1,049$1,363
GrundySilver S04S, Network S$622$1,245$1,618
HamblenSilver S04S, Network S$626$1,251$1,626
HamiltonSilver S04S, Network S$622$1,245$1,618
HancockCigna Connect 4750$524$1,049$1,363
HardemanSilver S04S, Network S$660$1,319$1,714
HardinSilver S04S, Network S$660$1,319$1,714
HawkinsCigna Connect 4750$524$1,049$1,363
HaywoodCigna Connect 4750$601$1,202$1,562
HendersonSilver S04S, Network S$660$1,319$1,714
HenrySilver S04S, Network S$660$1,319$1,714
HickmanSilver S04S, Network S$669$1,337$1,737
HoustonSilver S04S, Network S$669$1,337$1,737
HumphreysSilver S04S, Network S$669$1,337$1,737
JacksonSilver S04S, Network S$589$1,179$1,532
JeffersonSilver S04S, Network S$626$1,251$1,626
JohnsonCigna Connect 4750$524$1,049$1,363
KnoxSilver S04S, Network S$626$1,251$1,626
LakeSilver S04S, Network S$660$1,319$1,714
LauderdaleCigna Connect 4750$601$1,202$1,562
LawrenceSilver S04S, Network S$669$1,337$1,737
LewisSilver S04S, Network S$669$1,337$1,737
LincolnSilver S04S, Network S$669$1,337$1,737
LoudonSilver S04S, Network S$626$1,251$1,626
MaconSilver S04S, Network S$589$1,179$1,532
MadisonSilver S04S, Network S$660$1,319$1,714
MarionSilver S04S, Network S$622$1,245$1,618
MarshallSilver S04S, Network S$669$1,337$1,737
MaurySilver S04S, Network S$669$1,337$1,737
McminnSilver S04S, Network S$622$1,245$1,618
McnairySilver S04S, Network S$660$1,319$1,714
MeigsSilver S04S, Network S$622$1,245$1,618
MonroeSilver S04S, Network S$626$1,251$1,626
MontgomeryCigna Connect 4750$550$1,101$1,430
MooreSilver S04S, Network S$669$1,337$1,737
MorganSilver S04S, Network S$626$1,251$1,626
ObionSilver S04S, Network S$660$1,319$1,714
OvertonSilver S04S, Network S$589$1,179$1,532
PerrySilver S04S, Network S$669$1,337$1,737
PickettSilver S04S, Network S$589$1,179$1,532
PolkSilver S04S, Network S$622$1,245$1,618
PutnamSilver S04S, Network S$589$1,179$1,532
RheaSilver S04S, Network S$622$1,245$1,618
RoaneSilver S04S, Network S$626$1,251$1,626
RobertsonCigna Connect 4750$550$1,101$1,430
RutherfordCigna Connect 4750$550$1,101$1,430
ScottSilver S04S, Network S$626$1,251$1,626
SequatchieSilver S04S, Network S$622$1,245$1,618
SevierSilver S04S, Network S$626$1,251$1,626
ShelbyCigna Connect 4750$601$1,202$1,562
SmithSilver S04S, Network S$589$1,179$1,532
StewartSilver S04S, Network S$669$1,337$1,737
SullivanCigna Connect 4750$524$1,049$1,363
SumnerCigna Connect 4750$550$1,101$1,430
TiptonCigna Connect 4750$601$1,202$1,562
TrousdaleCigna Connect 4750$550$1,101$1,430
UnicoiCigna Connect 4750$524$1,049$1,363
UnionSilver S04S, Network S$626$1,251$1,626
Van BurenSilver S04S, Network S$589$1,179$1,532
WarrenSilver S04S, Network S$589$1,179$1,532
WashingtonCigna Connect 4750$524$1,049$1,363
WayneSilver S04S, Network S$669$1,337$1,737
WeakleySilver S04S, Network S$660$1,319$1,714
WhiteSilver S04S, Network S$589$1,179$1,532
WilliamsonCigna Connect 4750$550$1,101$1,430
WilsonCigna Connect 4750$550$1,101$1,430

Average Cost of Health Insurance by Family Size in Tennessee

The size of your family will directly affect your monthly health insurance premium, as a policy is priced based upon the age of each person covered. Children below the age of 15 qualify for lower health insurance premiums at a flat rate. However, once they reach 15, the monthly premium will increase as they grow older.

For example, the average monthly health insurance premium for a family of three in Tennessee, assuming two 40-year-old parents and a child, is $1,803. With each additional child, the average cost of a Silver health plan increases by $415, so a family of four would cost an average of $2,218 per month to insure.

Family SizeAverage Monthly Cost of Health Plan
Single Adult$694
Adult Couple$1,387
Family of three (Adult couple and a child)$1,803
Family of four (Adult couple and two children)$2,218
Family of five (Adult couple and three children)$2,633
Adults are assumed to be 40 years old. Sample rates are based on the average cost for a Silver plan in Tennessee.

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Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.